Ken McCarthy

Whether the number of deals for 2020 can come close to last year's record-setting level will come down to one question: Can community banks generate strong enough profits in the second half to justify their independence?

Whether the number of deals for 2020 can come close to last year's record-setting level will come down to one question: Can community banks generate strong enough profits in the second half to justify their independence?

While some big banks have pledged to avoid layoffs this year, hiring freezes and delayed projects are becoming the norm during the pandemic.

Tom Meyer, CEO of 1st Capital since 2015, decided to step down because shelter-in-place orders are keeping him from family hundreds of miles from the bank.

The regulator's extension for first-quarter documents applies to BHCs with less than $5 billion in assets.

The company is one of the first to share information on impacted clients, forbearance requests and emergency loan applications.

The coronavirus outbreak has led many banks to close branches, but for those that remain open, it's a new normal.

Coronavirus concerns, along with the Fed's emergency rate cut and an erratic stock market, have forced most bankers to take pause and reassess potential deals.

Jonathan Dowst will become president in July and CEO a year later.

William Isaac and Howard Milstein plan to provide advice to U.S. and foreign banks of all sizes.